Hutchison Ports acquires stake in Amsterdam logistics firm TMA
PUBLISHED: 12:52 22 December 2017
The owner of Felixstowe and Harwich ports has acquired a 50% stake in Amsterdam-based logistics operation TMA Logistics.
Ports giant Hutchison Ports said it had a good working relationship with the firm, which runs a variety of general cargo terminal operations, along with warehousing, shipping, logistics and project cargo activities at three sites in Amsterdam and one in Antwerp as well as at the Hutchison Ports’ Amsterdam Container Terminal.
Clemence Cheng, executive director at Hutchison Ports, said: “Together with TMA, we will maximise the benefits of operating through Hutchison Ports’ network to develop new business opportunities in areas including short-sea container traffic, ro-ro, vehicle handling, and general and project cargo.”
Gerben Matroos, managing director of TMA, said: “With the worldwide network of Hutchison Ports, we are now able to expand our activities substantially.
“The North Sea Canal terminals in Velsen and Amsterdam are ideally located for offshore activities related to oil, gas and wind energy. Also, local hubs for markets in building and construction materials have great potential. Short sea connections from the Amsterdam terminal include Sweden, Finland, UK and Norway, together with rail connections to Germany and China.”